What is Bravocoin?

Bravocoin™ is a new way to save money when buying tickets for sports. and entertainment events. Bravocoin cuts out the middlemen so that you pay the lowest possible amount for the tickets.

Bravocoin™ is based on the blockchain, and so will create a system that almost runs itself and thus cuts costs while providing a safe and fraud-proof environment for ticket sales. It will create a new eco-system that will include all event producers, sports personalities, entertainers, sports and entertainment management groups, and hospitality activities. With all of these making use of the Bravocoin system, we will disrupt traditional ticket sales and offer consumers new, low-cost opportunities for attending the events they wish to see.

Bravo Coin Ecosystem APPS

When a consumer buys a ticket with BRAVOCOIN tokens, the entire sales process is managed entirely on the Blockchain, from ordering to delivery.

This means that the sales process is ‘trustless,’ the term coined by the inventor of the Blockchain, Satoshi Nakamoto, to refer to a process managed entirely by computers without any human intervention, and subject to verification on the public ledger that the Blockchain establishes.

This offers a slew of advantages:

·Funds are dematerialized into tokens, and under the control of the Blockchain at all times during a transaction – fraud or theft is impossible.

·The transaction is registered, right at the start, in the public ledger which is distributed across a network of computers. Each change to a transaction is recorded in the public ledger – interfering with a transaction is impossible.

·Transaction time is counted in nanoseconds.

·The Blockchain also registers the tickets, so fraud at that level is also impossible.

·All transactions are managed by smart contracts – computerized operations run directly from the Blockchain and out of human control. This assures rapid, safe and secure ticket sales.

·Consumer identities are protected in the transaction process using the Public Key Infrastructure (PKI) — consumer names are converted into a hashtag, or Public-Private Key – this is a cryptographic function. The Private Key is known only to the consumer. The Public Key is shared with the network so that there is a single identity for transactions made by the private key. Nothing works unless both keys operate together.

Sports

Bravo Coin™ brings the Blockchain to ticket sales for sports and entertainment.

Did you know that some sports tickets sell for triple their value?

How much extra is charged on Sports tickets?

Consumers, however, are increasingly fed up with paying high extra fees for these tickets.

BRAVOCOIN will offer a means to eliminate the middleman in event ticket sales, and thus to cut out the extra fees.

Ticket sales will be tokenised: Venues selling tickets will accept BRAVOCOIN instead of fiat currency. Once a token sale is generated by a merchant, the smart contract is triggered, and all actions related to the sale are controlled by the Blockchain.

Clear benefits to both vendors and consumers:

For Vendors:

More sales

Reaching a broader group of consumers.

Better management of loyalty programs, using BRAVOCOIN for incentivisation and rewards.

Cloud-based security solutions that offer improved threat protection.

Easy access via API or gateway script

For Consumers:

Cheaper tickets

Easier access to tickets

Effective Fraud Protection

Token Sale:

The token sale is set at the rate of 5 000 Bravo Coin per 1 ETH. The creation will be soft capped upon receipt of EUR 7m (28,000 ETH). The hard cap is 95,000 ETH. The minimum goal is EUR 700,000, and if not reached all funds will be returned to investors.

Bravocoin token will be released based on the Ethereum platform. It’s compatible with third-party services wallets, exchanges etc, and provides easy-to-use integration.

Start: June 1st, 2018 (9:00AM GMT)

Number of tokens for sale: 600,000,000

End: October 31st, 2018 (11:00AM GMT)

Tokens exchange rate: 1 ETH = 5,000BRV

Acceptable currencies: ETH

Minimal transaction amount: 0.01ETH

Entertainment

The entertainment industry is an evergreen industry that has one of the highest growth rates of any industry at nearly 5% growth per year as a whole. Bravo Coin aims to serve the casino and theme parks subindustries in particular. Both of these subindustries have vast customer bases and will alleviate many of the notorious pain points associated with casinos and amusement parks such as high fees when making transactions.

Frequently asked questions FAQS

The BravoCoin eco-system will offer sports and entertainment tickets at a much lower cost than consumers can currently pay. We cut out the middleman so that consumers can pay costs close to the face value of the ticket.

Because consumers will be using our tokens to buy tickets, vendors will be certain that sales will increase and that consumers will come back. Tokens can also be used in loyalty programs to incentivise sales for certain tickets.

On an Ethereum system, smart contracts are ‘trustless’ operations which are independent of any human intervention. This makes them secure and robust. Fraud is impossible, because they cannot be hacked on our distributed network.